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Why it matters: PC parts, consistingof graphics cards, motherboards, and even PC cases, appearance set to boost in cost by as much as 25% as the Biden administration prepares to resume all the Trump-era tariffs put on Chinese items following a five-month hold-up.
It was back in 2018 when then-President Trump informed the Office of the US Trade Representative (USTR) to develop tariffs of up to 25% on Chinese-manufactured items. The 437 impacted items consistedof elements utilized in the manufacture of PCBs and computersystem hardware, consistingof graphics cards.
Trump himself suspended the tariffs from September 2019 upuntil January 2021, after which point graphics card costs increased. The Biden administration produced an exemption list of 350 items in 2022 that consistedof graphics cards and motherboards. This was expected to last till December 2022, however the US Trade Representative (USTR) extended the timeout for 9 months, which lateron endedupbeing twelve months.
US players breathed a sigh of relief in January when the USTR postponed re-imposing the complete tariffs on Chinese items for another 5 months as it lookedfor market feedback and thoughtabout adjustments.
Those 5 months are now up. As reported by PCMag, the USTR has suggested to the White House that the “tariffs on covered items be preserved.” This consistsof tariff codes 8473.30.1180 and 8473.30.5100